Google today sold Motorola to Lenovo for $2.91 billion. While many speculated that Google would release phones after it bought Motorola in 2011, it didn’t happen — Motorola remained a partner like other Android OEMs. Recently, Google acquired Nest, and TechCrunch has learned that Google has big plans for the team behind the connected device company.
Google’s acquisition of Nest for $3.2 billion this week has been heralded as the company’s big move into home automation. Nest has made overtures about customer privacy, but given the size and profitability of its new owner’s advertising and personal data business, the new relationship needs a closer examination.
Google has acquired Nest, a company that makes a home thermostat that can be programmed from people's mobile phones, for $3.2 billion in cash, Google said on Monday.
The founders of Nest, Tony Fadell and Matt Rogers, "have built a tremendous team that we are excited to welcome into the Google family," Google CEO Larry Page said in a statement.
